About Palnar
Palnar is a Technology company based in Cranbury (United States) founded in 1997 by Sreejith Narayan. It provides IT consulting, AI, cloud, and ERP services to businesses worldwide. It operates on a B2B and SaaS model. Its Indian entity Palnar Consulting Services Private Limited reported revenue of ₹3.90 Cr. Palnar offers products and services including ERP Services, AI Consulting, Cloud Solutions, Data and Insights, and Next-Gen Testing. Its focus areas include Energy, Tech Solutions, Infrastructure and Finance. Its competitors include RedShelf, Gigster and 3Pillar Global; 3 of its 3 listed competitors have raised funding.
Company details
PALNAR, established in 1997 in New Jersey, offers IT solutions including AI consulting, cloud services, and ERP optimization. They serve industries like BFSI, healthcare, and energy by providing custom IT landscapes and legacy system expertise. With global offices in the USA, India, and Europe, PALNAR helps businesses innovate and scale operations through reliable technology partnerships.
- Headquarters Cranbury, United States
- Founders Sreejith Narayan
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website palnar.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Palnar Consulting Services Private Limited
- Date of Incorporation 18 Feb, 2016
- Jurisdiction Dadri, Uttar Pradesh, India
- Indian entity revenue₹3.90 Cr
FY 2024 · +4% YoY
- Indian entity net profit₹43.7 Lakh
FY 2024 · 11% margin
- Indian entity EBITDA₹63.6 Lakh
FY 2024 · 16% margin
Associated legal entities of Palnar
Palnar operates through Palnar Consulting Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Palnar Consulting Services Private Limited CIN U74140UP2016PTC076651 | Active | 18 Feb 2016 | Dadri, Uttar Pradesh | ₹3.9 Cr | 20 | 3 | View details |
Products & Services of Palnar
Palnar offers a comprehensive portfolio of products and services, including ERP Services, AI Consulting, Cloud Solutions, Data and Insights, and Next-Gen Testing.
Optimize business operations with SAP consulting services
Deliver AI-driven solutions for business innovation
Empower scaling and innovation through cloud services
Unlock potential with data-driven insights tools
Ensure software quality via advanced testing methods
Apps and channels of Palnar
its YouTube channel Palnar Consulting Services has 9 subscribers and 2 videos.
Videos from Palnar
The most watched videos on Palnar's YouTube channel, Palnar Consulting Services (9 subscribers). Click a video to play it here.
More on Palnar Consulting Services.
Board of directors of Palnar Consulting Services Private Limited (Palnar)
Palnar Consulting Services Private Limited is the primary company behind Palnar. The board of Palnar Consulting Services Private Limited currently have 3 directors; the longest-serving is Sachin Ashok Mandrekar, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachin Ashok Mandrekar DIN 07383566 | Director | 18 Feb 2016 | 10 yrs 8 mo | Palnar Consulting Services Private Limited |
| Vivek Singh DIN 06448015 | Director | 18 Feb 2016 | 10 yrs 8 mo | Palnar Consulting Services Private Limited |
| Sudhir Kumar Patel DIN 07662511 | Director | 28 Nov 2016 | 9 yrs 11 mo | Palnar Consulting Services Private Limited |
People of Palnar
1 people are tracked at Palnar (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sreejith Narayan | Co-Founder | Leadership |
Complete people profiles for Palnar
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Financials of Palnar
Figures of Palnar Consulting Services Private Limited, the primary company behind Palnar, for FY 2024. Revenue was ₹3.90 Cr (+4% year on year). Net profit was ₹43.7 Lakh (11% margin). EBITDA was ₹63.6 Lakh (16% margin). Revenue has grown at a compounded annual rate of +73% over three years and +44% over five years.
- ₹3.90 CrRevenue · FY 2024 · +4% YoY
- ₹43.7 LakhNet profit · 11% margin
- ₹63.6 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 20Employees (provident fund records)
- +73%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Palnar Consulting Services Private Limited are on its company page.
Detailed financial statements for Palnar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Palnar
Palnar has 3 listed competitors in our database, 3 of them funded. They include RedShelf, Gigster and 3Pillar Global.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| 3pillarglobal.com | 2006 | Fairfax, United States | $22.52M | 67 | Adaptive software products are developed for business applications. |
Detailed competitors of Palnar
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Top companies in AI in Business Intelligence
2 companies that operate in the same segment as Palnar (AI in Business Intelligence) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Avoca is recognized as an AI workforce solution for service businesses. | 2022 | New York City, New York, United States | USD 125 M | 270 | ||
IT solutions and digital transformation services are provided across industries. | 1999 | Madison Heights, Michigan, United States | USD 114.58 |
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Related news about Palnar
Complete news archive for Palnar
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Frequently Asked Questions about Palnar
Palnar was founded in 1997.
Palnar is headquartered in Cranbury, United States. It is registered at Cranbury, New Jersey, United States.
The primary company behind Palnar, Palnar Consulting Services Private Limited, reported revenue of ₹3.90 Cr for FY 2024, up 4% year on year.
PALNAR, established in 1997 in New Jersey, offers IT solutions including AI consulting, cloud services, and ERP optimization. They serve industries like BFSI, healthcare, and energy by providing custom IT landscapes and legacy system expertise. With global offices in the USA, India, and Europe, PALNAR helps businesses innovate and scale operations through reliable technology partnerships.
Palnar's top competitors include RedShelf, 3Pillar Global and Gigster.
Palnar offers ERP Services, AI Consulting, Cloud Solutions, Data and Insights, and Next-Gen Testing.
Palnar operates through Palnar Consulting Services Private Limited.
The legal entities of Palnar currently have 3 directors, including Sachin Ashok Mandrekar, Sudhir Kumar Patel, Vivek Singh.